The chandelier is a classic, substantial and well designed fixture. It will look fine in a Colonial room. If the ceiling is not high enough, you might put it away in storage or sell it. If it does fit in your room, try using some updated but classic colors from a paint company's historic colors collection. For example, Palladian blues and very light grays are currently popular classic historic colors.

That chandelier is just gorgeous! Solid brass means it's high quality, not the brighter, plated brass of the 80s that turned people off of the shade. The brass that is regaining popularity now looks more like your chandelier, a richer hue. Anyway, since you said your home is a Colonial, I feel like this chandelier could work perfectly in your dining room as is. This is a beautiful gift and statement piece. Let it shine as it is.